Risk Level:
99% May harm your business future; Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action;

Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD

Status:
Top Alert – Entity designated / sanctioned for terror, WMD and human rights violation

Info:
Kaveh Pars Mining Industries Development Company (KMID), the holding company for Bonyad Mostazafan’s mining and metals companies, is being designated pursuant to E.O. 13876 for being owned or controlled by, directly or indirectly, Bonyad Mostazafan;

KMID’s Iran-based subordinate companies Pars Sarralle Company, Damavand Mining, Tehran Cement Company, Kaveh Khozestan Aluminum Company, Arvand Kaveh Steel Co., Kaveh Shargh Steel Co., and South Kaveh Steel Co. are being designated pursuant to E.O. 13876 for being owned or controlled by, directly or indirectly, KMID;

Germany-based International Trade & Industrial Technology ITRITEC GmbH, which procures technologies from abroad for the benefit of the Iranian mining industry, and Turkey-based Turira Company, both KMID subsidiaries, are also being designated pursuant to E.O. 13876 for being owned or controlled by, directly or indirectly, KMID;

Iran-based Somic Engineering and Management Co, Tehran International Transport Co, and Pishgaman Horizon Development Iranian Business Trading Company are being designated pursuant to E.O. 13876 for being owned or controlled by, directly or indirectly, Bonyad Mostazafan;

OFAC designated KMID’s managing director, Seyyed Mohammad Atabak. Seyyed Mohammad Atabak is being designated pursuant to E.O. 13876 for being a member of the board of directors or a senior executive officer of KMID;

Bonyad e-Mostazafan Foundation is controlled by the Islamic Revolutionary Guards Corps (IRGC) and Supreme Leader of Iran. Mostazafan Foundation made deals with the terrorist organization IRGC and it’s added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on November 18, 2020 pursuant to Executive Order 13876 for being owned or controlled by, directly or indirectly, the Supreme Leader of Iran;

Involved In:
Nuclear Weapon Program
Missile Weapon Program

Industry:
Oil Industry

Also Known As:
Ghostareshe Sanayie Madani Kaweh Pars
Kaveh-Pars Mining Industries Development Company
Sherkate Sanaye Madaniye Kaveh Pars
Kaveh Pars
KMID

Country:
Iran

Address:
9th Floor, Central Building, No 0, Resalat Highway – Bonyad Mostazafan, Modares Hwy, District 3, Tehran, Tehran Province 1519613519, Iran
Argentina Square, Beginning of Africa Highway, Bonyad Mostazafan Building Number 1, Tehran, Iran
Africa Boulevard, No. 5, End of Arash Street, Tehran, Iran

Phone:
021 88881637

Website:
www.kpars.ir

E-mail:
info@kpars.ir

National ID No.:
10103057702 (Iran)

Registration Number:
272808 (Iran)

Reason for the color:
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on November 18, 2020 pursuant to Executive Order 13876 for being owned or controlled by, directly or indirectly, Bonyad Mostazafan;;


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IFMAT Color Guide

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We sort entities who are connected with terrorist activities, in two sections, first by risk and second by geolocation.
GeoLocation divisions are divided into two fields, Black List and Gray List.
BlackList is a list of all companies, organizations and figures who originate from Iran.
GrayList is a list of all companies, organizations and figures out of Iranian borders, and doing business with Iran.
We identify risk of entities by COLOR selection, each color marks the risk level of the entity.(by declining order)
 
TOP ALERT
Designated / Sanctioned / Illicit entities
 
HIGH ALERT
Entities affiliated with Designated / Sanctioned / Illicit entities.
 
MEDIUM ALERT
Entities sanctioned in the past for Terror or Illicit activities / WMD related / Human rights violations.
 
RISK ALERT
Entities in a problematic sector - Sector controlled by the Top Alert entities.
 
GENERAL ALERT
Legitimate entities - we cannot determine whether an entity is completely green, and that is due to the facts that the Iranian economy is not transparent enough for us. Be sure.